JY 老大： A few questions about the agency loan

1. For those agency loans (loans from Fannie or Freddie), as you mentioned, the loan cost is so high (5-7%), compared to regular commercial loans' cost is around 1-2%, what are the benefits for those agency loans? Mainly because they are non-recourse loans, so the borrowers do not have to risk their own personal assets in the situation of default?

2. If you have chances to get a regular commercial loan, will you still consider an agency loan if that is possible? In other words, in what situations do you consider an agency loan?

3. What is the normal starting point for the loan amount to consider an agency loan?

Thanks!

所有跟帖： 

• JY人在旅途，可能会耽误回帖。我谈点自己的看法，其他前辈能出来指点我们就更好了。我去年也发过类似的询问帖，没多少人讨论。 -守月- ♀ (307 bytes) () 10/19/2022 postreply 18:26:10

• 看来agency loan比较好，只是需要多一些费用。 -DJGO_SF1996- ♀ (0 bytes) () 10/19/2022 postreply 18:43:00

• Thanks for your information -xhjaer19721- ♀ (696 bytes) () 10/19/2022 postreply 18:53:50

• 今年4%一定不可能了。除了费用高时间长，卖方市场（去年）卖家不爱接受agency loan，可能做cashout更好用。 -守月- ♀ (0 bytes) () 10/19/2022 postreply 19:08:04

• Good to know. Thanks for the input. -xhjaer19721- ♀ (0 bytes) () 10/19/2022 postreply 19:20:56

• Agency loans可以3个字形容，坑国家 -smlandlord- ♂ (563 bytes) () 10/19/2022 postreply 22:04:00

• 请教各位大佬，信用卡是越多越好，还是不要超过3，5张，每张都要常吗？收到各种信用卡开户的促销，新卡赠点数和现金等等， -FL330- ♀ (0 bytes) () 10/20/2022 postreply 06:09:58

• 谢谢老大指点 -xhjaer19721- ♀ (0 bytes) () 10/20/2022 postreply 15:25:03